Nischal Maheshwari - Head - Research at Edelweiss Capital told CNBC-TV18, "I would still buy Axis Bank, I would still go out and buy UltraTech Cement, I would still look at Mahindra and Mahindra and ITC. So, these are three or four stocks where I am going to put my money in the largecaps."
On Friday, Axis Bank closed at Rs 565, up Re 0.05, or 0.01 percent. It has touched a 52-week high of Rs 577.15.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!